Persimmon's Help to Buy gains raise eyebrows

It seems that the mainstream media is finally waking up to how much the government’s Help to Buy scheme has enriched housebuilders. There can be no doubt that the government giving 5 year, 20 per cent interest free loans (40 per cent in London) up to a home value of £600,000 has inflated selling prices and increased the premium of new build prices against similar homes on the second-hand market.